149 - 151 Mill Street

Creemore, Clearview · MLS® S13720108

878

House · Multi-family · 58 days on market

listed by FRANK LEO, RE/MAX WEST REALTY INC.

realtor's description

Amazing investment opportunity in Downtown Creemore. Have an opportunity to own this cash cow right in the heart of historic downtown Creemore with an incredible 8% cap rate!!. This property includes 2 buildings, The Creemore Meat Market building features 2 separate commercial spaces as well as one apartment upstairs while the additional building has 5 apartments. With sustainable tenants in place this is a great investment add to any portfolio or could make a great live and work scenario.

property details

type: House, Multi-family
bedrooms: 8
bathrooms: 7
parking: 8
property tax: $7,301 / yr
days on market: 58
MLS®: S13720108

monthly cost

$6,272/mo

Mortgage $5,664 · Tax $608

20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing.

estimated payment

$5,664/ monthly

loan $1,040,000

25-year amortization

down payment20% · $260,00020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 24, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $659,193
cash to close: $260,000; down payment; transfer tax and fees not included
total paid: $1,699,193

Estimates only. Rates change daily and lenders qualify at the stress-test rate. Talk to a mortgage broker before you offer.